NOT LISTED FOR SALE

3605 Embassy Ave Unit 1-4 Pharr, TX 78577

Estimated Value: $408,000 - $428,000

-- Bed
4 Baths
4,396 Sq Ft
$95/Sq Ft Est. Value

Last Sold November 28, 2012

Current estimated payment $3,020/month

182 Days on Market

Highlights

  • No HOA
  • Patio
  • Tile Flooring
  • Double Pane Windows
  • Home Security System
  • Central Heating and Cooling System

About This Home

As of November 2012

3 bedroom 3 bath apartments. Tile throughout as well as Granite countertops in kitchen and bathrooms Nice apartments with good occupancy rate. Tenant Occupied please call listing agent at 956-369-5814 to arrange for showings.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,707

Year Built

  • Built in 2006

Lot Details

  • 8,712 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System

Parking

  • 8 Car Garage
  • No Garage
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Stone

Interior Spaces

  • 4,396 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Stove

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Aida C. Escobar Elementary School
  • Liberty Middle School
  • Psja North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number J235500000001000

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Jackson South Subdivision

Building Details

  • Maintenance Expense $35
  • Gross Income $2,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,707

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Directions: South on Jackson road past Hall Acres. Gated subdivision Jackson South
  • Year Built: 2006
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Subdivision Name: Jackson South
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_Escrow: 5000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4396
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Privacy
  • Lot Features: Controlled Access, Curb & Gutters, Sidewalks, Sprinkler System
  • Construction Type: Stone
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: Off Street, On Street, No Garage
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Washer/Dryer Connection
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 450
  • Association: No

Schools

  • Elementary School: Aida C. Escobar
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Liberty

Lot Info

  • Lot Size Sq Ft: 8712
  • Parcel #: J235500000001000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 12
  • Tax Annual Amount: 5707

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 2890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2012
Closed on
Dec 15, 2012
Sold by
Salazar Properties Inc
Bought by
Mubarqui Investments
List Price
$230,000
Current Estimated Value
$418,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Listed on
Apr 30, 2012
Closed on
Nov 29, 2012
Sold by
Niere Genalin
Bought by
Salazar Properties Inc
List Price
$230,000

Purchase Details

Closed on
Oct 25, 2006
Sold by
Chapa Jose A
Bought by
Niere Genalin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mubarqui Investments -- San Jacinto Title Services M
Salazar Properties Inc -- Charge San Jacinto Title Ser
Niere Genalin -- San Jacinto Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Niere Genalin $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2012 11/28/12 Sold -- -- --
10/29/2012 10/29/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $230,000 -- $52 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,737 $380,300 $92,000 $288,300
2024 $9,737 $363,039 $85,560 $277,479
2023 $9,356 $349,076 $85,560 $263,516
2022 $8,514 $303,544 $68,080 $235,464
2021 $8,099 $283,532 $65,320 $218,212
2020 $7,700 $266,202 $56,120 $210,082
2019 $7,818 $266,765 $56,120 $210,645
2018 $7,581 $257,201 $56,120 $201,081
2017 $6,043 $203,304 $56,120 $147,184
2016 $5,837 $196,368 $56,120 $140,248
2015 $5,738 $192,538 $56,120 $136,418
Source: Public Records

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 155586

Greater McAllen Association of REALTORS®

APN: J2355-00-000-0010-00